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Tuesday, October 27, 2020
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Biden vows to unify and save country; Trump hits Midwest

WARM SPRINGS, Ga. (AP) — Joe Biden traveled Tuesday to the hot springs town where Franklin Delano Roosevelt coped with polio to declare the...

Asian stocks fall on worries over rising virus cases, US aid

TOKYO (AP) — Asian shares headed lower Wednesday on worries about rising virus counts and Washington's inability to deliver more aid to the economy....

Asian shares slip after Wall St’s worst day in a month

Shares skidded in Asia on Tuesday after surging coronavirus cases and waning hopes for U.S. economic stimulus gave Wall Street its worst day in...

Turkish lira drops to record low over US sanction threat

ANKARA, Turkey (AP) — The Turkish currency slid further Monday to an all-time low against the U.S. dollar after President Recep Tayyip Erdogan challenged...

Asian shares little changed on uncertainty over US election

TOKYO (AP) — Asian shares were little changed in muted trading Monday amid widespread uncertainty over what the U.S. presidential election will portend for...

Four years in, Trump has plenty of unfinished business

WASHINGTON (AP) — President Donald Trump swept into office nearly four years ago as an outsider who promised to get things done quickly on...

US stocks shake off a wobbly start and end mostly higher

U.S. stock indexes closed mostly higher Friday, though the S&P 500 posted its first weekly loss in four weeks. ...

Trial of Russian in alleged bitcoin fraud to wrap in Paris

PARIS (AP) — French prosecutors requested on Friday a 10-year jail term and a fine of 750,000 euros ($888,634) against Alexander Vinnik, who is...

Asian shares, US futures gain after last Trump-Biden debate

Shares were mostly higher in Asia on Friday after President Donald Trump and his challenger former Vice President Joe Biden faced off in their...

Asian stocks follow Wall Street lower on lack of US aid plan

BEIJING (AP) — Asian stocks followed Wall Street lower on Thursday as investors watched Washington for signs of whether political leaders can agree on...

Trump the dancer? His moves to ‘YMCA’ at rallies are a hit

TUCSON, Ariz. (AP) — He adjusts his coat. He gazes out at the crowd. And then he goes for it. ...

Asian shares rise after Wall Street gains on solid earnings

TOKYO (AP) — Asian shares mostly rose Wednesday, cheered by the gains on Wall Street as investors welcomed a batch of solid earnings reports...

Asian shares track Wall Street fall as virus aid hopes fade

TOKYO (AP) — Asian shares fell moderately Tuesday, tracking Wall Street's overnight decline as hopes faded Washington will come through with badly needed aid...

AP Exchange: Nevada home to world’s 3rd largest Joshua tree

RENO, Nev. (AP) — In a land of twisted limbs and giant Dr. Seuss-like branches reaching toward the sky, it stood out among the...

A late slide erases gains for US indexes, leaving them mixed

Wall Street closed out a choppy week of trading with more of the same Friday, as a late-afternoon stumble led U.S. stock indexes to...

Virus hits beach resort, as pandemic surges in Argentina

MAR DEL PLATA, Argentina (AP) — Hundreds of Argentine flags dotted the sand of a beach at the Mar del Plata resort, a poignant...

Awash in red ink: US posts record $3.1T 2020 budget deficit

WASHINGTON (AP) — The federal budget deficit hit an all-time high of $3.1 trillion in the 2020 budget year, more than double the previous...

Asian shares mixed amid 2nd wave coronavirus, election fears

TOKYO (AP) — Asian shares were mixed on Friday as investors weighed concerns about the U.S. presidential election and an economic stimulus package, on...

South Africa extends relief grants to help poor amid virus

JOHANNESBURG (AP) — South African President Cyril Ramaphosa announced Thursday that his government will extend relief grants to 6 million of the country’s unemployed...

As election uncertainty sweeps markets, the pros hold steady

NEW YORK (AP) — This presidential election is clearly unlike any other, but investors might be wise to treat it just like most of...

US jobless claims rise to 898,000 with layoffs still high

WASHINGTON (AP) — The number of Americans seeking unemployment benefits rose last week by the most in two months, to 898,000, a historically high...

Asian stocks follow Wall St lower as stimulus hopes fade

Asian stocks followed Wall Street lower on Thursday as hopes U.S. leaders will agree on a new economic stimulus before the Nov. 3 presidential...

Pilgrim’s Pride reaches plea deal on chicken price-fixing

Pilgrim’s Pride Corp. has reached a plea agreement with the U.S. government over charges of price-fixing in the chicken industry. ...

Lebanon, Israel begin indirect talks over maritime border

NAQOURA, Lebanon (AP) — Lebanon and Israel began indirect talks on Wednesday over their disputed maritime border, with American officials mediating the talks that...

Asian shares track Wall Street decline on pandemic jitters

Shares were mostly lower in Asia on Wednesday after pandemic concerns snapped a four-day winning streak on Wall Street. ...

Asian shares lower after tech-driven rally on Wall Street

Shares were mostly lower in Asia on Tuesday as investors awaited the release of Chinese trade data. ...

Asian shares mostly higher after US rally, aid package hopes

TOKYO (AP) — Asian shares were mostly higher in muted trading Monday, as worries about the pandemic kept optimism in check despite a rally...

Saudi’s National Commercial Bank buys Samba in $14.8B deal

DUBAI, United Arab Emirates (AP) — Saudi Arabia's National Commercial Bank said Sunday it will purchase rival lender Samba Financial Group in a deal...

AP Interview: Barça VP says Messi never was for sale

BARCELONA, Spain (AP) — Hobbled by crises on the field and among its fed-up club members, Barcelona never waivered in its commitment to Lionel...

WFP chief seeks million from donors, billionaires for food

UNITED NATIONS (AP) — Even before COVID-19 became an issue, World Food Program chief David Beasley was warning global leaders that the world would...

Stocks climb, closing out biggest weekly gain in 3 months

Wall Street closed out its best week in three months Friday as investors drew encouragement from ongoing negotiations on Capitol Hill aimed at delivering...

No. 1 Djokovic escapes in 5, will face No. 2 Nadal in final

PARIS (AP) — Novak Djokovic seemed well on his way to yet another ho-hum victory, yet another French Open final, yet another matchup against...

Asian stocks follow Wall Street higher on stimulus hopes

BEIJING (AP) — Asian stock markets followed Wall Street higher on Friday on hopes Washington will provide more aid to the struggling U.S. economy. ...

Greek court adjourns sentencing in Golden Dawn case

ATHENS, Greece (AP) — A Greek court on Thursday adjourned the sentencing procedure for 18 former lawmakers of the extreme right-wing Golden Dawn party...

To dodge sanctions Venezuela turns to Asia asphalt giant

MIAMI (AP) — Back in January, a yearlong campaign of U.S. sanctions was taking its toll at Venezuela’s state-run oil company. Many of PDVSA’s...

Bellinger robs Padres as Dodgers hold on for 2-0 NLDS lead

ARLINGTON, Texas (AP) — Cody Bellinger would take the homer-robbing catch over the home run he hit if he had to pick from the...

Asian shares mostly higher on hopes for U.S. stimulus

TOKYO (AP) — Asian shares were mostly higher on Thursday on optimism U.S. stimulus may be coming after all, as President Donald Trump appeared...

Trump to appoint new member to Puerto Rico oversight board

SAN JUAN, Puerto Rico (AP) — The White House said Wednesday that U.S. President Donald Trump plans to appoint a man who once advised...

World shares mixed after Trump calls halt to stimulus talks

World shares were mostly lower on Wednesday after U.S. President Donald Trump ordered a stop to talks on another round of aid for the...

Asian shares mixed after Trump calls off stimulus talks

Stocks were mixed in Asia on Wednesday despite an overnight decline on Wall Street after President Donald Trump ordered a stop to talks on...

New chairman to lead board overseeing Puerto Rico’s finances

SAN JUAN, Puerto Rico (AP) — A bankruptcy and corporate law professor will be the new chairman of a federal control board that oversees...

Greece: Extreme right group faces verdict at criminal trial

ATHENS, Greece (AP) — Greek police officials said Tuesday they are planning to deploy about 2,000 officers around Athens as the leadership of the...

Asian shares gain on stimulus hopes, Trump leaving hospital

Shares advanced in on Tuesday Asia after hopes for economic aid from Washington helped Wall Street recover its losses from the initial shock of...

Microsoft plans $1 billion data center venture in Greece

ATHENS, Greece (AP) — Microsoft has announced plans to build three data center sites in greater Athens, providing a badly needed investment of up...

Greece’s economy to shrink by estimated 8.2% this year

ATHENS, Greece (AP) — Greece’s economy will contract by an estimated 8.2% this year due to the effects of the coronavirus pandemic before picking...

Stocks end bumpy day lower after Trump’s positive virus test

NEW YORK (AP) — Wall Street’s major stock indexes fell on Friday after President Donald Trump tested positive for the coronavirus, but the losses...

California’s stem-cell research program nearly out of money

LOS ANGELES (AP) — California's first-of-its-kind state program to fund stem-cell research is running out of money and supporters want voters to provide a...

Inflation slump in Europe could presage more stimulus

FRANKFURT, Germany (AP) — Annual inflation in the 19-country eurozone sagged further below zero in September, bolstering expectations that the European Central Bank will...

Asia shares mixed in thin holiday trading after Wall St gain

Asian shares were mixed Friday in thin holiday trading, with markets in South Korea, Shanghai and Hong Kong closed. ...

Tokyo Stock Exchange resumes trading after technical outage

TOKYO (AP) — Tokyo Stock Exchange resumed normal operations Friday after repairs of malfunctions in its computer systems that halted trading for an entire...

Tokyo trading stops over system failure, China on holiday

TOKYO (AP) — Trading on the Tokyo Stock Exchange was suspended Thursday because of a problem in the system for relaying market information. Most...

Wall Street rallies to close out strong, but wild quarter

NEW YORK (AP) — U.S. stocks rallied on Wednesday, but only after zooming up, down and back up again in a fitting end to...

World reacts with surprise, worry to 1st Biden-Trump debate

GENEVA (AP) — Head-scratching perplexity about U.S. democracy in Australia and Denmark. Disdain for “chaos” and “insults” between America's presidential contenders in a Chinese...

Markets mixed after Trump-Biden debate; data lifts China

Stocks were mixed in Asia on Wednesday while upbeat manufacturing data lifted shares in China as investors studied the outcome of the debate between...

California governor vetoes bill to aid low-income immigrants

SACRAMENTO, Calif. (AP) — Gov. Gavin Newsom has vetoed a bill that would have authorized California to give low-income immigrants $600 to buy groceries. ...

JPMorgan to pay $920M for manipulating bond, metals markets

NEW YORK (AP) — JPMorgan Chase admitted Tuesday to manipulating the markets for precious metals and U.S. Treasuries, agreeing to pay $920 million in...

Mladenovic pins French meltdown on US Open lockdown, no-call

PARIS (AP) — Kristina Mladenovic blamed her French Open meltdown on her U.S. Open lockdown — and she wasn’t too pleased about a no-call...

German minister says debt won’t reach financial crisis level

BERLIN (AP) — Germany's debt load won't reach the level it did in the financial crisis a decade ago as a result of the...

Worldwide death toll from coronavirus eclipses 1 million

NEW DELHI (AP) — The worldwide death toll from the coronavirus has eclipsed 1 million, nine months into a crisis that has devastated the...

Wall Street claws back some of its losses from September

Stocks notched solid gains Monday as Wall Street clawed back some of its sharp and sudden September losses. ...

UN: Africa lost $800B in illegal transfers in recent years

GENEVA (AP) — The United Nations estimates that illegal outflows of capital from Africa totaled over $830 billion in the first 15 years of...

Macron ‘ashamed’ of Lebanon’s political leaders amid crisis

PARIS (AP) — French President Emmanuel Macron assailed Hezbollah and the entire Lebanese political class Sunday, and warned of a new civil war if...

Asia shares up ahead of China holiday, presidential debate

TOKYO (AP) — Asian shares were mostly higher in muted trading Monday, ahead of the first U.S. presidential debate and a national holiday in...

Lebanese nominated premier resigns, in blow to Macron plan

BEIRUT (AP) — Lebanon’s prime minister-designate resigned Saturday amid a political impasse over government formation, dealing a blow to French President Emmanuel Macron’s efforts...

Stocks post solid gains as technology shares lead rally

Stocks shook off another bout of volatile trading and finished solidly higher Friday, led by gains in technology and health care companies. Despite the...

Asian shares gain, cheered by US rally on hopes for stimulus

TOKYO (AP) — Asian shares advanced Friday, cheered by a modest rally on Wall Street and rising hopes for fresh stimulus for the U.S....

Sales of new homes surge 4.8% in August

NEW YORK (AP) — Demand for new homes continues to surge despite an ongoing pandemic and lingering anxiety about the U.S. economy. The pace...

Turkey hikes rates to support currency, fight inflation

ANKARA, Turkey (AP) — Turkey’s Central Bank raised its benchmark interest rate by 2 percentage points on Thursday, its first hike in two years...

Asian shares fall as caution sets in after Wall St retreat

Asian shares were mostly lower Thursday as caution set in after a retreat on Wall Street driven by a decline in technology shares. ...

Asian shares take breather after Wall Street gains

Asian markets were mostly lower on Wednesday as investors kept a wary eye on how the coronavirus pandemic will affect the economic outlook. ...

World powers clash, virus stirs anger at virtual UN meeting

UNITED NATIONS (AP) — Kept apart by a devastating pandemic and dispersed across the globe, world leaders convened electronically Tuesday for an unprecedented high-level...

Powell and Mnuchin voice optimism but back more economic aid

WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell and Treasury Secretary Steven Mnuchin expressed cautious optimism Tuesday that the U.S. economy is rebounding from...

Bolsonaro to world: Brazil is victim of environmental smear

RIO DE JANEIRO (AP) — Brazilian President Jair Bolsonaro defended his administration’s record protecting the Amazon rainforest, telling the United Nations’ virtual meeting of...

Asian shares track Wall Street retreat on pandemic pains

Shares slipped Tuesday in Asia after markets tumbled worldwide on worries about the pandemic’s economic pain. ...

Soaring wealth during pandemic highlights rising inequality

WASHINGTON (AP) — Americans' household wealth rebounded last quarter to a record high as the stock market quickly recovered from a pandemic-induced plunge in...

2020 Watch: Is this suddenly a new election?

NEW YORK (AP) — Presidential politics move fast. What we’re watching heading into a new week on the 2020 campaign: ...

Asian markets lower after Wall St declines for third week

BEIJING (AP) — Asian stock markets were mostly lower Monday after Wall Street declined for a third week and Britain reported a rise in...

One family’s desperate, deadly attempt to flee Lebanon

TRIPOLI, Lebanon (AP) — Mohammed Sufian did not dream of much: a job, food on the table, the chance to buy his 2½-year-old son...

Peru president survives impeachment vote amid virus turmoil

LIMA, Peru (AP) — Peruvian President Martín Vizcarra easily survived an impeachment vote Friday night after opposition lawmakers failed to amass enough support to...

USDA plans additional $14B for farmers reeling from virus

DES MOINES, Iowa (AP) — The federal government said Friday that it will give farmers an additional $14 billion to compensate them for the...

US stocks fall as market decline extends for third week

Wall Street capped another turbulent week of trading Friday with a broad slide in stocks that left the S&P 500 with its third-straight weekly...

Spanish banks merge in sign of hard economic times ahead

LISBON, Portugal (AP) — Two of Spain’s biggest banks said Friday they were merging, pushed together by a need to weather tough economic times...

Asia slightly higher despite Wall Street slump, virus fears

TOKYO (AP) — Asian shares were slightly higher Friday despite some investor attention shifting again to the uncertainties in global economies amid the coronavirus...

2 Spanish banks merge amid tough times for financial sector

LISBON, Portugal (AP) — Two of Spain’s biggest banks are poised to merge and create the largest lender in the country, with assets of...

French unions protest tire factory closure amid virus crisis

PARIS (AP) — Workers protested Thursday at a Bridgestone tire factory in northern France over the company’s decision to close the plant and lay...

Asian stocks retreat on lack of new Fed action

Asian stock markets declined Thursday after the U.S. Federal Reserve indicated its benchmark interest rate will stay close to zero at least through 2023...

Asian shares mostly higher after Wall Street gains

Shares were mostly higher in Asia on Wednesday after advances for big technology companies carried Wall Street to further gains overnight. ...

Rosa Parks’ home displayed in Italy as US race tensions rise

NAPLES, Italy (AP) — The run-down, paint-chipped Detroit house where U.S. civil rights icon Rosa Parks took refuge after her historic bus boycott is...

Asia Today: India adds over 83,000 cases, nears 5 million

NEW DELHI (AP) — India confirmed more than 83,000 new coronavirus cases on Tuesday, bringing its total caseload to nearly 5 million. ...

ADB forecasts developing Asian economies in recession in ’20

Developing economies in Asia will contract in 2020, the first such downturn in nearly 60 years, the Asian Development Bank said Tuesday in an...

Asian markets mixed after Wall Street rises on dealmaking

Asian stocks were mixed Tuesday after Wall Street rose on a flurry of corporate deals and China's economic activity improved. ...

Asia shares rise as investors look ahead to Fed meeting

TOKYO (AP) — Asian shares rose Monday, despite the rollercoast ride that closed Wall Street last week, as traders awaited cues from the U.S....

The Latest: S. Korea eases restrictions as virus cases drop

SEOUL, South Korea — South Korea has reported its lowest daily virus tally in about a month as it began easing its tough social...

Asia Today: India cases climb to 4.75M as recovery improves

NEW DELHI (AP) — India has registered a single-day spike of 94,372 new coronavirus cases, driving the country’s overall tally to 4.75 million. ...

Greece to buy new planes, frigates amid Turkey tensions

ATHENS, Greece (AP) — Greece's prime minister outlined plans Saturday to upgrade the country's defense capabilities, including purchasing new fighter planes, frigates, helicopters and...

US budget deficit hits record $3 trillion through 11 months

WASHINGTON (AP) — The U.S. budget deficit hit an all-time high of $3 trillion for the first 11 months of this budget year, the...

Tech falters again as Wall Street ends worst week in months

NEW YORK (AP) — Wall Street closed out its worst week since June with another day of churning trading Friday, as big technology stocks...

Consumer prices up 0.4% in August as used car prices surge

WASHINGTON (AP) — U.S. consumer prices rose 0.4% in August as used car prices surged by the largest amount in 51 years, the Labor...

Asian shares mixed after technology fall leads US stock fall

TOKYO (AP) — Asian shares were mixed Friday following a selloff of technology shares on Wall Street. ...

Jane Fraser to become Citi CEO; 1st woman to lead major bank

NEW YORK (AP) — Citigroup's Jane Fraser will become the first woman to ever lead a Wall Street bank when she succeeds CEO Michael...

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